Lundin Group

The theme of Lundin Foundation’s 2023 annual report, Accelerating Impact, speaks to the fact that many of its long-term programs have matured, and the entrepreneurs and small businesses the Foundation has supported have entered the next phase of their business’s growth.

Entrepreneurs like Sonia Sarango (pictured) of Ecuador. Sonia has built upon the customs and knowledge of Ecuador’s Saraguro indigenous communities. Leading a women’s agricultural association, she has taken natural ingredients from the Amazon to create exclusive products based on local flavours, such as her own lemon verbena tonic water and ginger-hibiscus soda. Winning the Lundin Foundation’s SOY EMPRENDEDORA (“I Am an Entrepreneur”) Program provided Sonia with the opportunity to expand her carbonated beverage company, Mallik. She established a sustainable production model and broadened her client base to over 32 stores in the provinces of Zamora Chinchipe, Loja, and Azuay. Additionally, with the aid of the seed capital she received, she perfected Mallik’s formulas and obtained two necessary permits for her products to be distributed nationally.

The positive impacts are clear, and continue to multiply in the communities around all of the Lundin Group projects and operations. Accelerating Impact is a recognition of the Foundation’s role in promoting responsible resource development practices across the industry. The Foundation’s commitment to responsible mineral development was recognized with the Foundation receiving PDAC’s 2023 Sustainability Award in March in Toronto.

Read about the Lundin Foundation Accelerating Impact: Click here